Sprawling uncoordinated inventories of information technology leads to accumulation of technical debt, bloated budgets, waste, and impaired digital transformation initiatives. Is your company experiencing any of the following?

Irrational spending patterns

Lack of M&A integration

Uncontrolled innovation

Uncoordinated procurement

Poor architecture governance

How does a company drive a successful modernization and rationalization process?

Driven by the acceleration of digital transformation within their enterprises, CIOs have engaged in a significant shift in their IT leadership objectives which are driving the development, monitoring, and usage of new IT metrics and KPIs. What are the new guiding principles being used to deal with the "service oriented" IT business required by the rapid introduction of new technologies? Such concepts may seem obvious when listed but are too often unknown during implementation of metrics.

Pri…

Recently, I've had conversations with an increasing number of leaders who are digitally distraught. They are distraught because they can sense their organization is wavering on digital. As the champion of digital for their organizations, they know what needs to be done, but feel a lack of empowerment to get it done.

The global economy may be slowing again. A trade war between the US and its largest trading partners is threatening to disrupt short-term projections for the second half of 2018 and 2019. Even if the current tensions give way to new trade agreements in the interests of stability, most economists expect the US economy to post a contraction by 2020, as interest rates increase and cyclical factors come into play. Historically, the US economy is overdue for a contraction, having posted a long…

This past Spring, I spoke with numerous digital leaders who are feeling distraught. They know what needs to be done but feel a lack of empowerment. Either their CEO is not making the difficult organizations moves, or their organization has multiple strategies, or their investors are taking a short-term view when it comes to funding decisions. These are some of the challenges they feel they cannot overcome on their own.These digital leaders are distraught because they sense their organization is…

Read this blog for an overview on where the conversation surrounding the massive DX Spending trend is taking us -- to a more granular and focused discussion, in which the size of the market is far more relevant. Learn why those that speak of DX only in the context of business model change are missing the mark.

IDC recently published its Semiannual Worldwide Digital Transformation (DX) Spending Guide, where we sized multiple DX use cases worldwide across multiple industries. By looking at DX from a use-case perspective, we were able to break down the broader conversation around DX driving business model change to a more granular and focused discussion, in which the size of the market becomes far more relevant.

This was certainly a mammoth task. The most important outcome of the work is that it provided…

It's been said that all businesses are technology companies in the age of digital transformation. It's also true that many are becoming information businesses as the amount and value of data they produce and consume continues to increase. In fact, business leaders and CIOs will find themselves not only missing opportunities but also at a competitive disadvantage if they don't leverage data assets before markets are crowded with competitors.

Below are factors for CIOs and business leaders to keep in mind when their companies are considering data monetization.

1) Data-driven customer experiences are the new currency of business. High-quality customer experiences are enormously data intensive, but they are a prerequisite for success in the digital era.

2) Customers expect smarter products that learn, improve, and solve a broader array of problems. Customers want and need help in getting more utility and value out of investments…

Opportunities and Critical Points of Adopting Blockchain Technology in Central and Eastern European Region

In January 2018, IDC published its first numbers sizing blockchain technology across various regions and industries. To outline current trends on the Central and Eastern European (CEE) market, we asked Mohamed Hefny, systems and infrastructure solutions program manager with IDC, a few questions.

Q. Blockchain is a relatively new term, which is often connected with internet security as well as trust achieved by building ledger blocks on each record in the database. Do you have any of your own…